Federal Housing Minister Acknowledges Toronto Condo Market Is in ‘Free Fall’

Federal Housing Minister Gregor Robertson acknowledged Wednesday that Toronto’s condominium market is in “free fall.” This is the government’s starkest assessment yet of the struggling sector. “We were in a housing bubble,” Robertson told reporters following a tour of Oak House, a new University of Toronto residence. The admission represents a significant shift in tone … Continue reading Federal Housing Minister Acknowledges Toronto Condo Market Is in ‘Free Fall’